Commodity & Trade Updates

This marks an increase of nearly 22 million tonnes from the previous year, driven by improved weather conditions that significantly boosted harvests of rice, wheat, and corn

The rise in wheat imports is attributed to rapid population growth, increased urbanization, and evolving dietary preferences across the region

The measure permits wheat to be imported at a 10% tariff, significantly lower than the EAC’s Common External Tariff (CET) of 35%

The shipment follows a commercial agreement finalized during Export Exchange 2023 in Austin, Texas, and further reinforced during the 2024-25 Corn Quality Rollout held in Istanbul

Despite the production gains, Zimbabwe is expected to remain a net importer of corn. Imports are projected to decline to 1 million tonnes in 2025/26, down 300,000 tonnes